As a Security Analyst for Market Masters, Inc $\quad$ $\quad$

As a security analyst for Market Masters, Inc., you have chosen to invest in one high-tech firm. You have narrowed your choice between RamTech Company or Accutrex Industries, firms of similar size and direct competitors in the industry. The following information was taken from their 2017 annual reports:
$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\quad$$\text {RamTech}$$\quad$$\quad$$\quad$$\quad$$\quad$$\text {Accutrex}$
$\begin{array}{|l|r|r|r|r|}\hline&2017&2016&2017&2016\\\hline \text { Deferred income tax liability } & \$ 19,400 & \$ 15,600 & \$ 19,800 & \$ 21,800 \\\hline \text { Income before taxes } & 163,000 & & 158,500 & \\\hline \text { Income tax expense } & (50,000) & & (52,500) & \\\hline \text { Net income } & 113,000 & & 106,000 & \\\hline \text { Effective income tax rate } & 35 \% & & 35 \% &\\\hline\end{array}$